Airframe and Engines and any Collateral, and their respective value (but
without any obligation to do so), immobilize or keep idle the Airframe or any
Engine, manage, sell, re-lease or otherwise dispose of the Airframe, any
Engine or other property relating to the Aircraft, and any Collateral, whether
or not in Lessor’s possession, at public or private sale, with or without
notice to Lessee (except as required by Applicable Law, and in furtherance
thereof, Lessor agrees that it shall give Lessee no less than twenty (20)
working days’ prior notice of any proposed sale or lease of the Airframe or
any Engine, or any Collateral, which Lessee acknowledges as constituting
“reasonable prior notice” for the purposes of the Cape Town Convention), and
apply or retain the net proceeds of such disposition, with Lessee remaining
liable for any deficiency and with any excess being retained by Lessor; (f)
apply any deposit or other cash collateral, or collect and apply any proceeds
of the Collateral, at any time to reduce any amounts due to Lessor; (g) demand
and recover from Lessee the Liquidated Damages (as more particularly provided
in Section 9.3), and other Rent whenever the same shall be due; (h) terminate
any Third Party Agreement without regard as to the existence of any event of
default thereunder and recover, or cause Lessee to relinquish possession and
return the Aircraft, including the Engines and Parts, pursuant to this Section
9.2, or exercise any and all other remedies under any Operating Consent or, in
Lessee’s stead, to the extent provided for under, or otherwise available to
Lessee under such Third Party Agreement; (i) demand and obtain from any court
speedy relief pending final determination available at law (including, without